The US charges income tax on US citizens who live and work outside of the United States, resulting in “double tax”, you pay taxes to the US and the country you reside in. In 1966, 3 years after JFK’s assassination, the US passed an “expatriation tax” law which allows the IRS to charge taxes on former US citizens for up to 10 years after they renounce citizenship.
You get charged extra income taxes for living outside of the US and you might be charged extra taxes for renouncing your citizenship. This may not be a literal wall, but it is a metaphoric wall which prevents people from leaving.
The US charges income tax on US citizens who live and work outside of the United States, resulting in “double tax”, you pay taxes to the US and the country you reside in. In 1966, 3 years after JFK’s assassination, the US passed an “expatriation tax” law which allows the IRS to charge taxes on former US citizens for up to 10 years after they renounce citizenship.
You get charged extra income taxes for living outside of the US and you might be charged extra taxes for renouncing your citizenship. This may not be a literal wall, but it is a metaphoric wall which prevents people from leaving.